Tag Archives: pdb

Sharebuilder Experiment — An Expected Failure?

My Sharebuilder account is down about $134 right now, and I doubt it’ll enter an uptrend anytime soon.

The biggest burner is one stock pick – COMV – that I bought a measly 4 shares at for $29 a piece. Those shares are now worth about $10 a piece.

Meanwhile, GLD, the “gold ETF,” which was actually doing very well a few weeks ago, is now “correcting” itself, and I’m down $30 on that investment. $30 isn’t bad, but I have a feeling that it will be a while before GLD hits $100 a share again. I think it will, one day, given that every so many years the economy looks bleak and people start to pour money into gold. I don’t know if it will ever go beyond that. I don’t know how long it will take to get there again. I don’t know how much money I’ll “lose” in the meantime. I see people saying GLD could be worth $70 a share or less. That’d be a “big” loss. I own about $500 worth – 5 shares. So a $30 drop per share would be a $150 loss.

I guess that’s not that bad. If I want to hang on to GLD as a backup. It’s supposed to be “insurance” in a portfolio. Of course, most people say it should be in metal form, not paper. But GLD is kind of like owning the metal, right? It’s investing in the bullion anyway.

I wonder if I should have sold GLD when it was up to $100 a share. I would have made a nice little profit of $47 at its highest… which would have been better than losing $300. Much better.

I’m happy to hold on to all of my investments for many years. I’m trying to invest and then “forget” about my investments, even though I follow how they’re doing, but as soon as I put my money into that account I pretend it’s play money so I don’t have to worry about it. Maybe that’s an awful investing strategy?

Regardless, I stopped investing in GLD. The $500 is enough of my portfolio at the moment to devote to that.

Meanwhile, I’ve started diversifying a bit more. Away from GLD and away from individual stocks. Right now my Sharebuilder portfolio is:



GLD: $507.10 (5.8 shares)

BMXX: $251.83 (money market)
EWZ: $244.33 (3.08 shares)
MCD: $194.83 (3.41 shares)
PDB: $163.46 (6.2695 shares)
KOL: $109.10 (2.88 shares)
WFMI: $106.01 (3.069 shares)
EPI: $105.73 (4.48 shares)
XLF: $69.65 (2.65 shares)
COMV: $43.48 (4 shares)